Europe Skateboard Market Outlook, 2028

Europe Skateboard Market Outlook, 2028

A skateboard is a type of sports equipment or toy used primarily for the activity of skateboarding. It usually consists of a specially designed Maplewood board combined with a polyurethane coating of smoother slides and stronger durability. Most skateboards are made with seven plies of this wood. The global average price of skateboards fluctuates, falling from 37 USD/unit in 2012 to 33 USD/unit in 2016. With the situation of the global skateboard industry, prices will be fluctuating in the following years. As for the Europe region, the attraction of people towards recreational activities and skateboarding promotional events is expected to contribute to the growth of the skateboard ramp market. The government funds for the development of skate parks and skateboard ramps are anticipated to contribute to the growth of the market. The demand for separate skate parks and skateboard ramps by young enthusiasts and by parents to avoid on-street skateboarding is anticipated to drive the European skateboard market. The growing trend of artistic skating and recreational and fitness in-line skating will also provide a growth opportunity for the market in the forecast period.

According to the research report, Europe Skateboard Market Outlook, 2028, published by Bonafide Research, the overall market is anticipated to reach around USD 1693.61 Million in market size during the forecast period. During the historic time period, the market has grown at a CAGR of 3.9%. Europe's skateboard market accounted for the second-largest revenue share in 2022. Rising demand for electric skateboards and rapid technological advancements are some key factors expected to continue to drive market growth in Europe. The UK, Germany, and France are the three major markets for skateboards in Europe. The growing popularity of extreme sports is driving the market in the region. As a result, an increase in outdoor sports in Europe is expected to drive the electric skateboard market. The role of social media is critical in the penetration of new sports among society's last mile. The major participants in this sport are the youth segment, which remains active on social media, where they keep exploring new types and equipment needed for skating. The millennial population is a major follower of sports news channels and sports celebrities on social media platforms, which is anticipated to grow in popularity in the forecast period.

European skaters run globally respected brands that rival and perhaps overshadow some of the longest-standing American brands. Moreover, funding and investment by the government, as well as NGOs to promote sports and develop advanced infrastructure, are providing growth to the market in the region. From September 30 to October 2, the Marina Norte in Valencia hosted the Valencia European Skate Open (VESO), which is a must-see event for fans of skateboarding and local and international riders. For three days, more than 400 athletes from all over the world got together in the city on the Turia River to take part in various skateboarding, surfing, scooter, roller freestyle, surf skate, and SUP race competitions. Further, the Mellow Jam Kultur festival at Mellow Park (Berlin), the Roller Skate Meet-Up in Vienna (Austria), the Quad Skate Takeover at Area 51 (Eindhoven), Mega Meet UK (Corby), Skate Love Barcelona, and Bombastic Weekend Part II (Coruna) are some of the upcoming skate events across the European region.

Paris has become one of the best skate cities in Europe. The shift from vertical skating to street skating played a major role in making Paris one of the best skate cities. Besides terrain, other elements such as community, culture, and legality are also boosting the market growth. Espace Glisse Paris 18 is the largest skatepark in Paris, quite literally a skater’s paradise with 3,000 m2 of skateable areas. With the recent rise of streetwear in the highest spheres of fashion, skate culture and the skateboard style have become even more readily embraced by the city. More and more skate shops have been opening up in the French capital, such as Nozbone, Day Off, Odilon, and Snowbeach. Paris has amazing spots that welcome skaters, like Le Dome, La Défense, or Trocadéro gardens, which are frequented by skaters daily. Paris plans to continue its plans to expand skateboarding around town over the next few years, solidifying its title as a European skateboarding haven.

Furthermore, Skatepark Amsterdam Zeeburg (Netherlands) is one of Europe's largest outdoor skate parks, with nearly 43055 square feet of bowls and street (4000m2). Brussels, WestBlaak 2.0 (Rotterdam), Latraac (Athens), Kablys (Vilnius), and Flledparken Skatepark (Copenhagen) are some of the other skateparks in European cities. On the other hand, Barcelona (Catalonia), Copenhagen (Denmark), Lyon (France), Berlin (Germany), Prague (the Czech Republic), London & Bristol (the United Kingdom), and Vienna & Innsbruck (Austria) are some of the prominent cities for skating in the Europe region. The industry seems to be fairly competitive across the region.
Some of the leading market players include SK8 Factory, Absolute Board, Element Skateboards, Artprint, Boiling Point, Krown Skateboard, Carver Skateboard, Alien Workshop, Control Skateboard, Skate One, Zero Skateboards, Razor, Plan B, Almost Skateboards, and so on. In Europe, QUARTER is a wholesaler of its own and third-party brands in the skateboarding sector, with its own production facility near Berlin. They import numerous containers and produce several thousand skateboards every year in Germany alone. They develop new products and put high-quality standards to the test in their own indoor skatepark.

Covid-19 Impacts:
Since the start of 2020, European countries have been experiencing an unprecedented public health threat with the emergence of the coronavirus disease (COVID-19). Europe has entered the endemic stage of the COVID-19 outbreak where the virus is widespread, is significantly less fatal than it was in 2020, and is spurring only limited changes in public behavior. Growing awareness about the health benefits provided by skateboarding has boosted the market growth and is anticipated to continue driving the market.

Major Companies present in the market:
Element Skateboards, Absolute Board Co, Razor USA LLC., Boosted Inc., Artprint, Absolute Board, Blind Skateboards, Evolve Skateboards

Considered in this report
• Geography: Europe
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Europe skateboard market with its value and forecast along with its segments
• Country-wise skateboard market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:
• Germany
• United Kingdom
• France
• Spain
• Italy
• Russia

By Product:
• Street Skateboard
• Cruiser Skateboard
• Long Skateboard
• Electric Skateboard
• Others Skateboard

By End-User:
• Kids
• Teenagers
• Adults

By Distribution Channel:
• Offline
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the skateboard industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.